◂ Gebeurtenissenverloop

1 jan 2019HANDELIndia

India cuts tax on crude, refined palm oil imports from ASEAN countries

India cut import duties on crude and refined palm oil from ASEAN countries after a request from suppliers. Crude palm oil fell to 40 percent from 44 percent and refined to 50 percent from 54 percent.

India relies on imports for 70 percent of its edible oil consumption.

WAAROM HET ER TOE DOET

The duty cut improves palm oil's competitiveness in India's large import market, supporting Malaysian and Indonesian export demand. Higher palm imports could draw demand away from soyoil.

BETREFTPalmolie▲Sojaolie▼

BRON
ibtimes.co.inReuters1 jan 2019

Koersreactie & historie

Palmolie▲opwaartsTOT NU TOE1d +5,0%5d +6,1%20d +8,1%

Na 133 eerdere opwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,7% over 5 sessies (64% hoger; middelste helft -0,8% tot +2,3%), en +1,7% over 20.

8 sep 2021India’s refiners seen to favour palm oil imports from Malaysia | Malay Mail-1,0%
2 jan 2019Palm oil jumps over 2 percent to as India cuts import tax+6,1%
1 jan 2019India cuts tax on palm oil imports; Malaysia to gain most - CNBC TV18+6,1%
14 apr 2021India leans on Malaysia as palm oil imports pick up: SEAI+3,9%
1 jan 2019Malaysian palm oil futures open higher after India import tax cut | The Star+6,1%

Sojaolie▼neerwaartsTOT NU TOE1d +1,3%5d +2,3%20d +10,4%

Na 152 eerdere neerwaarts handel-gebeurtenissen bewoog Sojaolie zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -2,1% tot +2,1%), en -0,1% over 20.

1 jan 2019India cuts tax on palm oil imports; Malaysia to gain most - CNBC TV18+2,3%
14 apr 2021India leans on Malaysia as palm oil imports pick up: SEAI+7,6%
2 feb 2024Palm falls 1% on India efforts to cut edible oil imports - Markets - Business Recorder+2,4%
1 mrt 2026Indian demand for palm oil to rebound as prices at discount to Chinese soyoil, analysts say+4,6%
1 mei 2025India starts raising palm oil buying as prices fall below soyoil-2,2%

Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.

Gekoppelde prijsbewegingen

Palmolie+5,0%1 periode tot 2 jan 20196,1σ
Same India tariff cut on ASEAN palm oil, reinforcing the demand and trade-flow driver, with India importing 70% of its edible oil needs.
Palmolie+6,1%5 perioden tot 8 jan 20193,4σ
Reports the same India duty cut and India's 70% import reliance for edible oil, supporting expectations of higher import demand for palm oil.

Palmolie PALMOIL · GP ▸

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Sojaolie SBO · GP ▸

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